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 OFF MARKET Daytona Deal Under 80K

  • House
    1060 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $79,900
    Status : Sold
    Year Built : 1959
 Description
Property Description: Investor Special Alert in Daytona Beach FL.  Beautiful 3/1 single family block house, 1060 sqft living space, with a garage. This is the 3rd cheapest active property you will find in this zip code and 4th cheapest SOLD in this neighborhood in 2018. Over 15% ROI as a rental to add to your portfolio or a solid 13% return as a flip. Excellent condition for the price. This a definitely it’s a WIN WIN! Don’t hesitate, call today.

Property features include: Block construction, a sturdy roof, central AC system, large yard, 1 car garage.  

Flip Rehab: 15k-20k
Kitchen and bath updates, new floors, appliances, update fixtures, cosmetics, and landscaping.

Rental Rehab: 2k-5k
Misc Cosmetic Repairs, Landscaping.   
 Rehab Work Needed
  • Appliances
  • Bathroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Paint Interior
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

314 Scotland Dr Holly Hill, FL 32117, N/A, FL, USA, 32117

Sold : $144,000

Location Map
Image Gallery
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 Summary

Overview
OFF MARKET Daytona Deal Under 80K Sold
$79,900
Property ID: 5beb0e0994a05
Address: Login to View
City: N/A
State/Province: FL
Zip Code: 32117
Country: USA


Rental Analysis

+ Purchase Price: $79,900
+ Purchase Closing Cost: $2,397
+ Rehab Cost: $5,000
Total Acquisition Cost: $87,297


Monthly Rent: $1,100
+ Annual Potential Rent: $13,200
- Vacancy (0%): $0
Annual Gross Income: $13,200
Annual Gross ROI: 15.12%


Flip Analysis

+ Purchase Price: $79,900
+ Purchase Closing Cost: $2,397
+ Rehab Cost: $20,000
Total Acquisition Cost: $102,297


+ Selling closing cost: $3,900
+ Agent Commision : $6,500
Total Holding Cost: $10,400


Total Flip Cost: $112,697
Projected ARV: $130,000
Net Income (Profit): $17,303
CAP Rate: 15.35%

 Message

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